Market Overview:
The global bagasse plates market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for eco-friendly products and rising awareness about the benefits of using bagasse plates over conventional plastic or disposable plates. Bagasse is a fibrous residue that remains after sugarcane juice has been extracted and boiled down to make crystallized sugar. This fibrous residue is then used as a raw material for manufacturing paper, cardboard, and other cellulose-based products.
Product Definition:
Bagasse plates are made from the fibrous residue left over after sugarcane is crushed to extract its juice. Bagasse is a strong, lightweight material that is perfect for making disposable plates. Bagasse plates are biodegradable and compostable, so they are a sustainable option for disposables. They can also be recycled into other products such as paper or insulation.
Plane Plate:
Plane plate is a thin, flat piece of metal or plastic with a uniform thickness. It is often used as the base in packaging materials such as plates and containers. The product can be produced using various raw materials including aluminum, steel, polypropylene and polyethylene terephthalate (PET).
Partitioned Plate:
Partitioned plate is a device used to separate solid and liquid particles in wastewater. It consists of a series of horizontal plates made from corrosion-resistant material, such as stainless steel or carbon steel. The particles pass between the plates due to the presence of air spaces between them. Partitioned plate works best for suspended solids because there are more air spaces present in it than other types of filters.
Application Insights:
The restaurants segment held the largest share of more than 60.0% in 2017. The use of bagasse plates in restaurants as serving trays is expected to be one of the key factors driving the demand for these products over the forecast period. In addition, a large number of new restaurant projects are likely to open up across various regions globally which will result in strong growth for this application segment during the forecast period.
Cafeteria is another important application segment where bagasse plates are used on a large scale owing to their low cost and high biodegradability factor among others reasons that make them suitable for cafeterias and similar foodservice applications. A significant rise in consumption rates has been witnessed by manufacturers across various regions including Asia Pacific, North America and Europe due to rising awareness regarding sustainable development among consumers about using recycled materials while manufacturing products such as furniture, dishes etc.
Regional Analysis:
North America bagasse plates market is expected to witness significant growth over the forecast period owing to the increasing number of construction projects in this region. The U.S., being a developed economy, has greater penetration of advanced technologies and products such as composite wood panels for construction applications. This factor is anticipated to propel industry expansion over the next eight years.
Asia Pacific bagasse plates market is projected to register a CAGR exceeding 6% from 2018 to 2030 due its rapidly expanding food service sector, which caters not only restaurants but also offices and other similar places for daily meals at low cost thus promoting employee productivity in this region.
Growth Factors:
- Increasing demand for Bagasse Plates from food service industry as a substitute to conventional plates made from other materials such as plastic, paper and Styrofoam.
- Rising disposable income of consumers in developing countries is expected to boost the demand for Bagasse Plates over the forecast period.
- Growing popularity of eco-friendly products is another key factor anticipated to fuel the growth of global Bagasse Plates market in near future.
- Proliferation of supermarkets and hypermarkets across the globe is also projected to create new opportunities for players operating in global Bagasse Plates market during forecast period 2017-2025
Scope Of The Report
Report Attributes
Report Details
Report Title
Bagasse Plates Market Research Report
By Type
Plane Plate, Partitioned Plate
By Application
Restaurants, Cafeteria, Office
By Companies
EcoSave, Vegware, Nova Envirocom, EcoPack, Little Cherry, Saattvic EcoCare Products, Bamblu llc, Beijing Mercurius Technology, Natural Tableware, Green Home, Visfortec
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Bagasse Plates Market Report Segments:
The global Bagasse Plates market is segmented on the basis of:
Types
Plane Plate, Partitioned Plate
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Restaurants, Cafeteria, Office
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- EcoSave
- Vegware
- Nova Envirocom
- EcoPack
- Little Cherry
- Saattvic EcoCare Products
- Bamblu llc
- Beijing Mercurius Technology
- Natural Tableware
- Green Home
- Visfortec
Highlights of The Bagasse Plates Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Plane Plate
- Partitioned Plate
- By Application:
- Restaurants
- Cafeteria
- Office
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bagasse Plates Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bagasse plates are a type of agricultural equipment used to thresh and separate the stalks and leaves from the sugarcane crop.
Some of the key players operating in the bagasse plates market are EcoSave, Vegware, Nova Envirocom, EcoPack, Little Cherry, Saattvic EcoCare Products, Bamblu llc, Beijing Mercurius Technology, Natural Tableware, Green Home, Visfortec.
The bagasse plates market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bagasse Plates Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bagasse Plates Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bagasse Plates Market - Supply Chain
4.5. Global Bagasse Plates Market Forecast
4.5.1. Bagasse Plates Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bagasse Plates Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bagasse Plates Market Absolute $ Opportunity
5. Global Bagasse Plates Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bagasse Plates Market Size and Volume Forecast by Type
5.3.1. Plane Plate
5.3.2. Partitioned Plate
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bagasse Plates Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bagasse Plates Market Size and Volume Forecast by Application
6.3.1. Restaurants
6.3.2. Cafeteria
6.3.3. Office
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bagasse Plates Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bagasse Plates Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bagasse Plates Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bagasse Plates Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bagasse Plates Demand Share Forecast, 2019-2026
9. North America Bagasse Plates Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bagasse Plates Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bagasse Plates Market Size and Volume Forecast by Application
9.4.1. Restaurants
9.4.2. Cafeteria
9.4.3. Office
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bagasse Plates Market Size and Volume Forecast by Type
9.7.1. Plane Plate
9.7.2. Partitioned Plate
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bagasse Plates Demand Share Forecast, 2019-2026
10. Latin America Bagasse Plates Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bagasse Plates Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bagasse Plates Market Size and Volume Forecast by Application
10.4.1. Restaurants
10.4.2. Cafeteria
10.4.3. Office
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bagasse Plates Market Size and Volume Forecast by Type
10.7.1. Plane Plate
10.7.2. Partitioned Plate
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bagasse Plates Demand Share Forecast, 2019-2026
11. Europe Bagasse Plates Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bagasse Plates Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bagasse Plates Market Size and Volume Forecast by Application
11.4.1. Restaurants
11.4.2. Cafeteria
11.4.3. Office
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bagasse Plates Market Size and Volume Forecast by Type
11.7.1. Plane Plate
11.7.2. Partitioned Plate
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By ountry
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bagasse Plates Demand Share, 2019-2026
12. Asia Pacific Bagasse Plates Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bagasse Plates Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bagasse Plates Market Size and Volume Forecast by Application
12.4.1. Restaurants
12.4.2. Cafeteria
12.4.3. Office
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bagasse Plates Market Size and Volume Forecast by Type
12.7.1. Plane Plate
12.7.2. Partitioned Plate
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bagasse Plates Demand Share, 2019-2026
13. Middle East & Africa Bagasse Plates Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bagasse Plates Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bagasse Plates Market Size and Volume Forecast by Application
13.4.1. Restaurants
13.4.2. Cafeteria
13.4.3. Office
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bagasse Plates Market Size and Volume Forecast by Type
13.7.1. Plane Plate
13.7.2. Partitioned Plate
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bagasse Plates Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bagasse Plates Market: Market Share Analysis
14.2. Bagasse Plates Distributors and Customers
14.3. Bagasse Plates Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. EcoSave
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Vegware
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nova Envirocom
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. EcoPack
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Little Cherry
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Saattvic EcoCare Products
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Bamblu llc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Beijing Mercurius Technology
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Natural Tableware
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Green Home
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Visfortec
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook